#加密市场反弹 BTC rebounded again last night and surged, with significant whipsaw occurring, knocking out the defense of the first wave of short orders. Currently, it has surged to the range of 114500-115000, forming a sideways movement. Today, with the monthly chart reference, the rebound resistance is at 116000-117500. If there is a second surge, short orders can be built or margin replenished in batches at these two positions. Currently, for those holding short orders, the position should be tightly set at 115500. If not, wait to replenish short orders at the two resistance levels above, with a support level at 113900 for the pullback. If this position is not broken, the market will continue to oscillate upward. Only if this position is broken will the small-level rebound be considered over. If this position is broken, one can enter short orders, and it will test the daily chart support at 112500. If it breaks below 112500, increase the position for short orders.
ETH The daily chart of Yitai is not looking good and lacks direction. Last night, there were also pin bars up and down sweeping only the bamboo shoots. Currently, the four-hour pattern still shows a bearish trend, and the rebound is not very strong, with a rebound resistance level at 4173. Only if the four-hour closing line breaks through this resistance level again, the market will have a chance for a second push towards the target resistance levels of 4200, 4230, and 4260. If the rebound does not break the resistance level of 4173, the market may anytime move downwards, targeting 4093-4080. If it breaks these two levels, we will directly look at 3963 and 3870.
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#加密市场反弹 BTC rebounded again last night and surged, with significant whipsaw occurring, knocking out the defense of the first wave of short orders. Currently, it has surged to the range of 114500-115000, forming a sideways movement. Today, with the monthly chart reference, the rebound resistance is at 116000-117500. If there is a second surge, short orders can be built or margin replenished in batches at these two positions. Currently, for those holding short orders, the position should be tightly set at 115500. If not, wait to replenish short orders at the two resistance levels above, with a support level at 113900 for the pullback. If this position is not broken, the market will continue to oscillate upward. Only if this position is broken will the small-level rebound be considered over. If this position is broken, one can enter short orders, and it will test the daily chart support at 112500. If it breaks below 112500, increase the position for short orders.
ETH
The daily chart of Yitai is not looking good and lacks direction. Last night, there were also pin bars up and down sweeping only the bamboo shoots. Currently, the four-hour pattern still shows a bearish trend, and the rebound is not very strong, with a rebound resistance level at 4173. Only if the four-hour closing line breaks through this resistance level again, the market will have a chance for a second push towards the target resistance levels of 4200, 4230, and 4260. If the rebound does not break the resistance level of 4173, the market may anytime move downwards, targeting 4093-4080. If it breaks these two levels, we will directly look at 3963 and 3870.